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Saturday, November 28 - 2009

Standard Chartered hosts Middle East Econimic Roadshow in March 2004

  • United Arab Emirates: Thursday, March 18 - 2004 at 10:11
  • PRESS RELEASE

Standard Chartered Bank today announced that it will hold a Middle East Economic Roadshow for its customers from 21st to 24th March 2004.

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This is in line with the Bank's ongoing dedication to ensuring that Standard Chartered customers are updated with the latest news and developments on the international financial markets.

The roadshow will feature the Bank's Global Head of FX Strategy, Claudio Piron, and it's Middle Eastern Economist, Daniel Hanna.

The theme of the presentations will be the Middle East and the US Dollar. Messrs. Piron and Hanna will share their views on whether rising US interest rates will be enough to save the US Dollar, and the implications of the emergence of China for international financial markets. They will also explore the impact of the global economic backdrop on the Middle East and the key themes expected to emerge over the next twelve months.

The first stop on the roadshow will be Qatar on the 21st March 2004, followed by Bahrain on the 22nd March 2004. In the UAE, the roadshow will be held in Dubai on the 23rd March 2004, and Abu-Dhabi on the 24th March 2004.

Claudio Piron is Standard Chartered's Head of FX Strategy. Claudio and his team have received recognition from the Bloomsberg News Agency as the most accurate forecasters of currency movements in the international financial markets for two years running. Claudio is based in Singapore.

Daniel Hanna is Standard Chartered's International Economist for the Middle East and South Asia. Daniel is currently based in the UAE, and has previously worked in London and Asia.
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Notes and media contacts

For further information please contact:
Cindy Tang, Regional Head of Corporate Affairs, MESA +971 4 50 70 475

Standard Chartered - leading the way in Asia, Africa and the Middle East
Standard Chartered employs 30,000 people in over 500 locations in more than 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. It is one of the world's most international banks, with a management team comprising 70 nationalities.

Standard Chartered is listed on both the London Stock Exchange and the Stock Exchange of Hong Kong and is in the top 25 FTSE-100 companies, by market capitalisation.

It serves both Consumer and Wholesale Banking customers. Consumer Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small to medium sized enterprises. Wholesale Banking provides corporate and institutional clients with services in trade finance, cash management, lending, securities services, foreign exchange, debt capital markets and corporate finance.

Standard Chartered is well-established in growth markets and aims to be the right partner for its customers. The Bank combines deep local knowledge with global capability.

The Bank is trusted across its network for its standard of governance and its commitment to making a difference in the communities in which it operates.

Standard Chartered in the Middle East and South Asia
One of the leading international banks in the region, Standard Chartered has a branch network of 76 branches in 10 countries. The UAE is one of the Bank's major markets, and Standard Chartered has a commanding share of the market in its chosen market segments. Overall, the Middle East and South Asia region contributed over 11% of the Group's revenues in 2003, clearly demonstrating the Bank's strong network and expertise in the region.

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